Marijuana reform advocates have been looking for signs that an incoming president-elect Joe Biden will make good on his campaign pledge to pursue cannabis policy changes since the former vice president has been projected to win the election. But they didn’t get any such sign in a new racial... Read more
Marijuana reform advocates have been looking for signs that an incoming president-elect Joe Biden will make good on his campaign pledge to pursue cannabis policy changes since the former vice president has been projected to win the election. But they didn’t get any such sign in a new racial... Read more
Oregon cannabis tax revenue numbers are currently up as of this quarter, with the area seeing an increase of 45 percent for the first quarter of the 2021 fiscal year over the first quarter of 2020. This most recent quarter, which began on July 1, brought in $46.9 million... Read more
Even as historically conservative states have embraced legalization, reefer madness is alive and well in Nebraska. At least with the state’s governor, Pete Ricketts, who on Tuesday once again sounded the alarm on something that a growing majority of the country is cool with. “Well, we’ve certainly seen in... Read more
Green Thumb Industries Reports Revenue of $157.1 Million and Positive Net Income of $9.6 Million or $0.04 Per Share for Third Quarter 2020 Adjusted Operating EBITDA increased 50 .2 % to $53 .2 million , or 3 3.9 % of revenue , quarter-over-quarter driven by continued operational scale and... Read more
GrowGeneration Reports Record Third Quarter 2020 Financial Results Record Revenues of $55.0 Million, Adjusted EBITDA of $6.6 Million, and Pre-Tax Net Income of $5.1 Million 2020 full-year revenue guidance increased to $185-$190 million 2020 full-year adjusted EBITDA guidance updated to $19.0 million-$20.0 million 2020 full-year GAAP pre-tax net income... Read more
Acreage Holdings Reports Third Quarter 2020 Results NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today reported financial results for the third quarter of 2020. THIRD QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED) Reported revenue was $31.7 million, a 42% increase compared... Read more
Senate appropriators on Tuesday released several wide-ranging spending bills and related reports for the 2021 fiscal year that include a variety of provisions related to marijuana and hemp. Perhaps the most consequential new provision from the Senate Appropriations Committee—at least in the short-term—criticizes a proposed hemp rule from the... Read more
Senate appropriators on Tuesday released several wide-ranging spending bills and related reports for the 2021 fiscal year that include a variety of provisions related to marijuana and hemp. Perhaps the most consequential new provision from the Senate Appropriations Committee—at least in the short-term—criticizes a proposed hemp rule from the... Read more
On the heels of a historic triumph for the legalization movement at the ballot box earlier this month, one Texas lawmaker is keen to get in on the action. Roland Gutierrez, a Democratic state House representative who was just elected to the Texas state senate, said this week that... Read more
